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The Accounting Review Vol. 92 No. 1 2017

Scoundrels or Stars? Theory and Evidence on the Quality of Workers in Online Labor Markets

Anne M. Farrell1; Jonathan H. Grenier1; Justin Leiby2

1 Miami University · 2 The University of Georgia

Abstract

Online labor markets allow rapid recruitment of large numbers of workers for very low pay. Although online workers are often used as research participants, there is little evidence that they are motivated to make costly choices to forgo wealth or leisure that are often central to addressing accounting research questions. Thus, we investigate the validity of using online workers as a proxy for non-experts when accounting research designs use more demanding tasks than these workers typically complete. Three experiments examine the costly choices of online workers relative to student research participants. We find that online workers are at least as willing as students to make costly choices, even at significantly lower wages. We also find that online workers are sensitive to performance-based wages, which are just as effective in inducing high effort as high fixed wages. We discuss implications of our results for conducting accounting research with online workers. Data Availability: Contact the authors.

DOI
10.2308/accr-51447
Volume
92
Issue
1
Pages
93-114
Language
en
Sources
openalex bibtex:phds-export.bib crossref

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